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22 January 2025 | 12 replies
@Jon D. some questions, the answers may help you better focus.1) Why did you pay your primary mortgage off in the first place?
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26 January 2025 | 2 replies
AT MOST you rent it out for 2 years and then sell it but honestly you’re probably better off just selling it.Assuming zero vacancy and zero capex you’re going to make about $12k/yr.
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22 February 2025 | 13 replies
GC is on the account for insurnace purposes but has no checks We write all the checks to the subs..
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25 February 2025 | 13 replies
Lower property taxes and landlord friendly.
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15 February 2025 | 4 replies
my initial thoughts would be it may be a slight turn off to potential future tenants when the fire alarm goes off.
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16 February 2025 | 4 replies
DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.
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19 February 2025 | 171 replies
Investors get stuck and cannot cash out because of tax complications.
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15 February 2025 | 6 replies
However, don't have any of those loans anymore (most paid off).The only thing I do that you don't, is use trusts, and love them and they have saved my bacon a number of times.When you said all those loans have paid off, are you utilizing other methods than Sub2 at this time?
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26 February 2025 | 2 replies
There was some interest in starting something up but I do not think anything got off the ground.
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3 March 2025 | 10 replies
I’m just getting started and would love some advice on how to kick things off the right way.